People

Globalization and Risk Sharing (with F. Broner)

Forthcoming in Review of Economic Studies

Sovereign Risk and Secondary Markets (with F. Broner and A. Martin)

Forthcoming in American Economic Review

Enforcement Problems and Secondary Markets (with F. Broner and A. Martin)

Published in Journal of the European Economic Association Papers and Proceedings, 6 (2-3), 2008, 683-694,

Comparative Advantage and the Cross-section of Business Cycles (with A. Kraay)
Published in Journal of the European Economic Association, 5 (6), 2007, 1300-1333,

Macroeconomic Volatility and Welfare in Developing Countries: An Introduction (with N. Loayza, R. Rancière and L. Servén)
Published in The World Bank Economic Review, 21 (3), 2007, 343-357

The Dot-Com Bubble, the Bush Deficits, and the US Current Account (with A. Kraay)
Published in G7 Current Account Imbalances: Sustainability and Adjustment, R. Clarida (eds.), 2007, The University of Chicago Press

A Global View of Economic Growth
Published in Handbook of Economic Growth, vol. 1B, Philippe Aghion and Steven N. Durlauf (eds.), 2005, Elsevier B. V.

Country Portfolios(with A. Kraay, N. Loayza and L. Servén)
Published in Journal of the European Economic Association, 3 (4), 2005, 914-945

Current Accounts in the Long and Short Run (with A. Kraay)
Published in NBER Macroeconomics Annual 2002, 17 (1), 2003, 65-94

Towards a Theory of Current Accounts
Published in The World Economy, April 2003

Trade Integration and Risk Sharing (with A. Kraay)
Published in European Economic Review, 26 (4), 2002, 483-512

The World Income Distribution (with D. Acemoglu)
Published in Quarterly Journal of Economics, 117 (2), 2002, 659-694

Product Prices and the OECD Cycle (with A. Kraay)
Published in Advances in Macroeconomics, 2 (1), 2002

A Portfolio View of the US Current Account Deficit
Published in Brookings Papers, 1, 2001, 241-253

Current Accounts in Debtor and Creditor Countries (with A. Kraay)
Published in Quarterly Journal of Economics, 115 (4), 2000, 1137-1166

A Representative Consumer Theory of Distribution (with F. Caselli)
Published in American Economic Review, 90 (4), 2000, 909-926

Growth and Interdependence
Published in Quarterly Journal of Economics, 112 (1), 1997, 57-84